Consumers still reuse passwords despite knowing the risks

Despite almost half of US consumers (49 percent) believing their security habits make them vulnerable to information fraud or identity theft, 51 percent admit to reusing passwords and PINs across multiple accounts. According to a new fraud awareness survey by information destruction company Shred-it, 39 percent of consumers have been a victim of fraud or identity theft, and 27 percent admit that they don't know how to find out if they've become a victim. While 72 percent think they could determine if an email or phone call they receive is part of a fraudulent scam, 16 percent of consumers say… [Continue Reading]